RBA week, oil volatility, Merkel’s coalition in danger
Monday 2nd December 2019 It’s an important week for Australian markets, with a slew of data today, GDP released on Wednesday and the RBA meeting between them. NAB’s Rodrigo Catril talks through what to expect. Meanwhile, US China trade uncertainty continues, Boris Johnson’s lead I the UK pols is narrowing and Angela Merkel’s government could be in tatters as the Social Democrats talk of abandoning the coalition. Phil Dobbie also asks Rodrigo about the sharp fall in oil prices at the end of last week ahead of OPEC, and the latest manufacturing data that shows growth has returned to China. As always, of course, the devil is in the detail.